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Madrid, IA
Full City Profile · Iowa · Polk County County
3.8
/5.0
B+
Good
2,803
Population
2,298/sq mi density
$86,915
Median Income
$37,322 per capita
$185,100
Home Value
$275,847 Zillow
$1,034
Median Rent
20.8% income on rent
50°F
Avg Temperature
275 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$86,915 median income, 0.5% unemployment
A+
Affordability
5.0 / 5.0
$185,100 home value, $1,034/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.8 / 5.0
22.6% bachelor's degree or higher
Change Over Time (2013–2023)
Population Change
+9.4%
2,558 → 2,799
over 10 years
Annual Pop. Growth
+0.9%
Compound annual growth rate
Median Income Change
+68.8%
$51,500 → $86,915
nominal, not inflation-adjusted
Annual Income Growth
+5.37%
Compound annual growth rate
Population Over Time
Total population for Madrid across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
2,980
+181 from 2023 (2,799)
Projected Median Income 2030
$125,347
+$38,432 from 2023 ($86,915)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 2,558 | — | $51,500 | — |
| 2015 | 2,586 | +1.1% | $54,444 | +5.7% |
| 2017 | 2,595 | +0.3% | $64,135 | +17.8% |
| 2019 | 2,561 | -1.3% | $63,895 | -0.4% |
| 2021 | 2,808 | +9.6% | $67,813 | +6.1% |
| 2023 | 2,799 | -0.3% | $86,915 | +28.2% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.